[ISN] Android malware targets South Korean online banking customers

http://www.networkworld.com/article/2401481/android-malware-targets-south-korean-online-banking-customers.html By Jeremy Kirk IDG News Service June 26, 2014 Malicious software that swaps itself for legitimate online banking applications is striking users in South Korea, with thousands of devices infected in the last week, according to a Chinese mobile security company. Cheetah Mobile, formerly known as Kingsoft Internet Security Software, wrote that the banking malware masquerades as a popular game or tool on third-party Android application markets. Google checks Android applications in its Play store for malicious behavior, but third-party marketplaces are often rife with malicious applications. Security experts advise caution when using such sources for applications. If the malicious application is installed, it scans for the official applications of South Korean banks including Nong Hyup, Shinhan, Kookmin, Woori, Hana, Busan and the Korean Federation of Community Credit Cooperatives, Cheetah Mobile wrote. […]

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